Events

Demand for grocery delivery cools as food costs rise

today08/08/2022 2

Background
share close

U.S. demand for grocery delivery is cooling as food prices rise.

Some shoppers are shifting to less expensive grocery pickup, while others are returning to the store. Experts say grocery delivery saw five years of growth in the first three months of the pandemic. In June 2020, grocery delivery was a $3.4 billion business. But by June 2022, that had fallen 26%. Consulting firm Chase Design says it’s hard to get the delivery premium below $10 because of fuel and labor costs.

That premium is tough for some consumers to swallow when food cost inflation is at a four-decade high.

 

Source: AP – All contents copyright 2022 Associated Press.  All rights reserved.

 

Written by: Editor

Rate it

Previous post

Featured

US declares public health emergency over monkeypox outbreak

WASHINGTON (AP) — The U.S. has declared a public health emergency to bolster the federal response to the outbreak of monkeypox that already has infected more than 7,100 Americans. The announcement Thursday by the Department of Health and Human Services frees up federal funding and resources to fight the virus, which may cause fever, body aches, chills, fatigue and pimple-like bumps on many parts of the body. Xavier Becerra is […]

today08/05/2022 4